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Business aims and objectives
Concept of organisational goals
Business aims and objectives
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This project is about to start a new restaurant in Auckland. A wealthy entrepreneur has hired me as a marketing manager and provided me the details of organisational goals and objectives of marketing. He has also estimated the sales of $3000 per week to run restaurant in profit.
Organisational Goals: To establish a unique dining experience that the target market will come to know as one of their favourite value-for-money restaurants in town.
Marketing Objectives:
Awareness
To have at least 50% of the target market aware of the restaurant by the end of the first year of operation.
Recall
That at least 40% of the target market can recall the restaurant’s logo by the end of the first year of operation.
Customer Attitude Objective
At least 90% of customers are satisfied with their dining experience every month.
Sales/Revenue Objectives
To have the restaurant break-even by the end of the first quarter of operation.
Ques: 1Briefly introduce your restaurant outlining the following background information:
And: 1.1 Its name
1.2 Its location
1.3 style/range of food
1.1 NAME
The business we going to start is an Indian restaurant and the name of the restaurant is ‘Indian curry’ as we all know Indian food is famous because of its curries. Moreover, curries are also famous among Europeans. So we will try to target European segment first. As we know they are liberal in nature so they would not mind to pay much for delicious food. There will be 75 seats with the fine dining. ‘Indian Curry’ will provide the friendliest service to our customers.
1.2 LOCATION
Now we have to choose the location to set up our restaurant. I will open my restaurant in Takapuna. According to the research of entrepreneur we get know...
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...ety of food to the customers. We have almost every type of food for every citizens.i also have the facility of online takeaways as well. Advertising of the restaurant is very important too. We can place couple of banners around the places where there is a lot of population and we can also make couple of blogs and pages on social networking sites as well. This method would be very effective and efficient and in this way ,the name would spread and reach out to many people. The ambience of restaurant plays an important role in marketing of the restaurant too.if the ambience is good,people will surely get attracted to the restaurant and people will come in good numbers.the location of the restaurant plays an effective role too .if the restauranr is placed on the area where the population is good,people will automatically prefer to go to the place which is the nearest.
High quality ingredients, various things on menu, make the food right infront of you; handcrafted preparation
When different kinds of menu for lunch and dinner are included, there is an opportunity for attraction of more clients in the new outlet
1. Have you ever been at a restaurant and thought to yourself, how do I do start
I want to be a very successful operator/owner. I want to out sell any other restaurants in my area.
The restaurant business is a challenging industry and if a company has a strategy that works for them as well as their employees, it should stay the course and tweak as needed.
As you walk through the doors of Panera Bread, the lighting and décor calm you while the fresh smells of the bakery envelop you. Every detail has been carefully coordinated to ensure a high quality dining experience at a reasonable price. This sophisticated concept for Panera began when a cookie company and a fast casual restaurant, called Au Bon Pain, synergized their efforts and found a propitious niche between fast food and fine dining (Repetti & Vincelette, 2005). By 2003, the company was able to generate significant revenues through company-owned stores, through the sale of fresh dough to franchisees, and through royalties and fees paid by franchisees (Repetti & Vincelette, 2005). In an effort to ensure success of Panera’s strategic direction, I outlined a plan that focuses on growth, customer service, and financial strategy. The plan that Panera actually pursued was similar to my proposal. However, to achieve Panera’s level of success and industry dominance, I would have selected to follow the plan that Panera’s management designed.
This allows the company itself to make any further changes to the product, and ensures that they have the best available menu options to cater to the customers as well as compete with their competitor, Jose’s Southwestern Cafe. This is a very important step in the process because if you do not offer menu items that customers enjoy, there is a good chance your business will fall to the
Restaurant manager is a responsible position and career which has several opportunities to accomplish. The manager has to manage the whole restaurant staff, has to be flexible in approach and promote motivation and performance among them for better restaurant productivity and profits. Complete dedication is essential to reach highest position in management and for this the person has to settle certain goals and improve the skills, values and qualities with time and market demands (Brawer eta l., 2012).
To create the best, branded and a healthy eating catering company to the clients and to be recognized as one of the most admired companies in Malaysia within 5 years.
Editorial. Nations Restaurant News 11 Nov. 2005: n. pag. MasterFILE Premier. Web. 5 Mar. 2013.
The Italian restaurant has had long term success due to the owner’s, Andy Garagallo, high level of confidence. He believes if he meets the customers’ food and relationship needs, they will come back again and again. His approach is working as the restaurant annually nets 30% profit as compared to the industry standard of 5-7%. Andy success comes from confidence, putting the customers first, being flexible, and consistency.
It will provide entrepreneurs with a competitive edge that will prove invaluable in helping them seek the opportunity in this unexplored area of business. Through this research project one can study the opportunities and potential for Fast Food Restaurant Services in India. Since not too much of research is carried on in this area in India, there is a huge scope for this market and it could be useful for any budding entrepreneur who is interested in this industry.
Whether it is marketing within franchised restaurants or major retail banks, marketing plays a large role in providing assistance for companies to reach goals such as high profit. Subway sandwiches, a world-wide franchised restaurant, uses marketing and marketing tools not only for increased sales but to create an image in the consumers mind. This essay will define and discuss positioning, as well as a case study on how the Subway franchise has positioned their product. As one cannot climb a mountain from the top, market segmentation and market targeting will be looked at in order for better understanding on positioning.
Mission- to provide values to the lives of customers, to make the lives of partners worthy, concern about environment and community
...ded once they see that the sales will be increasing and tips will be larger. Good staff will increase good public relations which will result in better business. Marketing a restaurant is the most important part in running a restaurant. If a restaurant is not marketed, no one will know about the restaurant causing it to lose money to operate forcing it to close down. Prices on the menu should always be appealing to the restaurant target market and set towards the products on the menu. It is essential that a restaurant develops its staff to the fullest, for a strong staff creates better sales and the public is pleased .